FORWARD PHARMA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FORWARD PHARMA A/S
FORWARD PHARMA A/S (CVR number: 28865880) is a company from KØBENHAVN. The company recorded a gross profit of -9457.9 kDKK in 2024. The operating profit was -11.3 mDKK, while net earnings were 75.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FORWARD PHARMA A/S's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7 763.73 | -10 812.93 | -11 631.79 | -6 130.61 | -9 457.91 |
EBIT | -24 320.79 | -24 879.26 | -14 706.28 | -7 957.63 | -11 296.04 |
Net earnings | -42 201.69 | -12 271.14 | -31 482.85 | -3 832.52 | 75 927.65 |
Shareholders equity total | 474 106.68 | 461 863.38 | 430 396.73 | 426 445.78 | 488 330.23 |
Balance sheet total (assets) | 574 865.81 | 561 060.28 | 529 878.49 | 704 684.59 | 835 352.48 |
Net debt | - 160 864.47 | - 155 145.83 | - 145 880.41 | - 141 174.82 | -74 601.92 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.0 % | -2.0 % | -5.6 % | 1.0 % | -0.8 % |
ROE | -8.5 % | -2.6 % | -7.1 % | -0.9 % | 16.6 % |
ROI | -4.0 % | -2.0 % | -5.6 % | 1.0 % | -0.8 % |
Economic value added (EVA) | -54 988.76 | -53 493.66 | -42 753.22 | -34 471.63 | -43 396.75 |
Solvency | |||||
Equity ratio | 82.5 % | 82.3 % | 81.2 % | 60.5 % | 58.5 % |
Gearing | 20.1 % | 20.8 % | 22.6 % | 65.1 % | 70.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.6 | 2.5 | 1.5 | 1.6 |
Current ratio | 2.6 | 2.6 | 2.5 | 1.5 | 1.6 |
Cash and cash equivalents | 256 198.49 | 251 430.66 | 243 125.59 | 418 740.26 | 418 983.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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